Appointment of Administrators. (a) The Administrators shall be appointed by the Holder of the Common Securities and may be removed by the Holder of the Common Securities or may resign at any time. Upon any resignation or removal, the Holder of the Common Securities shall appoint a successor Administrator. Each Administrator shall execute this Trust Agreement thereby agreeing to comply with, and be legally bound by, all of the terms, conditions and provisions of this Trust Agreement. If at any time there is no Administrator, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrators.
Appointment of Administrators. (a) The Administrators (other than the initial Administrators) shall be appointed by the Holders of a Majority in Liquidation Amount of the Common Securities and all Administrators (including the initial Administrators) may be removed by the Holders of a Majority in Liquidation Amount of the Common Securities or may resign at any time. Each Administrator shall sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrator, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrators.
Appointment of Administrators. Subd. 1. The President may appoint an academic administrator at the level of Vice President or Xxxx to academic rank. The President shall first consult with and request a formal recommendation from the department in which a person would hold the rank. A candidate shall present information to demonstrate that the candidate meets the criteria outlined in Article 21, Section D. The President shall notify the Chancellor when academic rank has been granted to an academic administrator.
Appointment of Administrators. 54 ARTICLE IX.
Appointment of Administrators. (a) The Administrators shall be appointed by the Common Securityholder and may be removed by the Common Securityholder at any time. Each Administrator shall sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrator, the Property Trustee or any Securityholder who has been a Securityholder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrators.
Appointment of Administrators. (a) The Administrators shall be appointed by the Holders of a Majority in Liquidation Amount of the Trust Common Securities and may be removed by the Holders of a Majority in Liquidation Amount of the Trust Common Securities or may resign at any time. Upon any resignation or removal, the Depositor shall appoint a successor Administrator. Each Administrator shall execute this Trust Agreement thereby agreeing to comply with, and be legally bound by, all of the terms, conditions and provisions of this Trust Agreement. If at any time there is no Administrator, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrators.
Appointment of Administrators. The Company hereby appoints each of the Administrators jointly to provide administration services to each class and subclass of shares in each of the Company's Funds on the terms and for the period set forth in this Agreement. The Administrators accept such appointment and agree to perform the services and duties set forth in Section 3 below in return for the compensation provided in Section 5 below. In the event that the Company establishes additional classes or investment portfolios other than the Funds listed on Appendix A with respect to which it desires to retain the Administrators to act as co-administrators hereunder, the Company shall notify the Administrators, whereupon such Appendix A shall be supplemented (or amended) and such portfolio shall become a Fund hereunder and shall be subject to the provisions of this Agreement to the same extent as the Funds (except to the extent that said provisions, including the compensation payable on behalf of such new Fund, may be modified in writing by the Company and Administrators at the time).
Appointment of Administrators. 2.1 Subject to Clauses 3 (Condition) and 5 (Mortgage Rate), until termination pursuant to Clause 20 (Termination), the Issuer, the Sellers and the Trustee (according to their respective estates and interests) each hereby appoints each Administrator as its lawful agent in its name and on its behalf to exercise their respective rights, powers and discretions, and to perform their respective duties under the Mortgages and any collateral security therefor and the Power of Attorney and to perform the Services and each Administrator hereby accepts such appointment on the terms and subject to the conditions of this Agreement. In furtherance of such appointment, each of the Issuer, the Trustee and each Seller will, forthwith upon signature of this Agreement execute and deliver to the Administrators (together with evidence of due execution and its authority to grant the same) powers of attorney in the forms set out in Schedule 3 (Form of Power of Attorney of the Issuer) and Schedule 4 (Form of Trustee's Power of Attorney) of this Agreement.
Appointment of Administrators. (a) The number of Administrators shall be such number as shall be fixed from time to time by the Holders of a Majority in Liquidation Amount of the Common Securities. The Administrators shall be appointed by the Holders of a Majority in Liquidation Amount of the Common Securities and may be removed by the Holders of a Majority in Liquidation Amount of the Common Securities or may resign at any time. Upon any resignation or removal, the Depositor shall appoint a successor Administrator. Each Administrator shall execute this Trust Agreement thereby agreeing to comply with, and be legally bound by, all of the terms, conditions and provisions of this Trust Agreement. If at any time there is no Administrator, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrators.
Appointment of Administrators. (a) Except as otherwise provided in this Section 8.20(a), the Administrators shall be appointed by the Holders of a Majority in Liquidation Amount of the Common Securities and all Administrators (including the initial Administrators) may be removed by the Holders of a Majority in Liquidation Amount of the Common Securities or may resign at any time. The Holders, by acceptance of a Trust Securities Certificate, shall be deemed to agree to the appointment of the initial Administrators. Each Administrator shall sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrator, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrators.
